DENVER, March 17, 2010 – Cadre Technologies announces a new round of funding from a group of the company’s original investors.
“We are very appreciative of the confidence that our investors continue to have in the company and our vision for the future. They see the core value, industry leading talent, and long-term potential of the business,” said Joe Caston, president and CEO of Cadre Technologies. “Cadre has been successful in spite of the difficult economic times. With our financial backing and terrific products and services, Cadre is well positioned to continue its leadership in our marketplace.”
The funding will be used by Cadre to provide for expanded products and services and for working capital to cover general business operations.
About Cadre Technologies
Cadre Technologies is the leading provider of warehouse management software for the fulfillment, logistics and manufacturing industries. Cadre’s software automates companies’ warehouse, fulfillment and labor management processes. Cadre is the largest software provider to the third-party logistics industry. Its clients include Procter & Gamble, OHL, and many other distribution and 3PL companies. The company is headquartered in Denver, Colo., with additional locations in Baltimore, Md. and Lenexa, Kan. To learn more about Cadre Technologies, visit www.cadretech.com or call 888-599-5868.
Photo:
http://www.prlog.org/



